General Counsel

0001140361-17-027263.txt : 20170706 0001140361-17-027263.hdr.sgml : 20170706 20170706060144 ACCESSION NUMBER: 0001140361-17-027263 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170630 FILED AS OF DATE: 20170706 DATE AS OF CHANGE: 20170706 EFFECTIVENESS DATE: 20170706 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRIVATE ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0001026200 IRS NUMBER: 330524568 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03581 FILM NUMBER: 17950779 BUSINESS ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 6197923800 MAIL ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001026200 XXXXXXXX 06-30-2017 06-30-2017 PRIVATE ASSET MANAGEMENT INC

5348 CARROLL CANYON RD #200 SAN DIEGO CA 92121

13F HOLDINGS REPORT 028-03581 N Michael D. Berlin General Counsel 858-750-4209 /s/ Michael D. Berlin San Diego CA 07-05-2017 0 155 619634 false INFORMATION TABLE 2 form13fInfoTable.xml QUALCOMM INC COMMON STOCK 747525103 40696 736973 SH SOLE None 0 0 736973 GENERAL ELEC CO COMMON STOCK 369604103 20724 767266 SH SOLE None 0 0 767266 BANK OF AMERICA CORP COMMON STOCK 060505104 20634 850519 SH SOLE None 0 0 850519 CHEVRON CORP COMMON STOCK 166764100 20209 193704 SH SOLE None 0 0 193704 J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 18625 203778 SH SOLE None 0 0 203778 JOHNSON & JOHNSON COMMON STOCK 478160104 18232 137820 SH SOLE None 0 0 137820 PFIZER INC COMMON STOCK 717081103 17360 516819 SH SOLE None 0 0 516819 EXXON MOBIL CORP COMMON STOCK 30231G102 16312 202058 SH SOLE None 0 0 202058 APPLE INC COMMON STOCK 037833100 16025 111271 SH SOLE None 0 0 111271 HOME DEPOT INC COMMON STOCK 437076102 15990 104237 SH SOLE None 0 0 104237 CITIGROUP INC COMMON STOCK 172967424 15966 238728 SH SOLE None 0 0 238728 MERCK & CO INC COMMON STOCK 58933Y105 15573 242985 SH SOLE None 0 0 242985 INTEL CORP COMMON STOCK 458140100 15444 457721 SH SOLE None 0 0 457721 AT&T INC COMMON STOCK 00206R102 14370 380861 SH SOLE None 0 0 380861 MICRON TECHNOLOGY INC. COMMON STOCK 595112103 13164 440862 SH SOLE None 0 0 440862 VISA INC COMMON STOCK 92826C839 12446 132711 SH SOLE None 0 0 132711 UNITED TECHNOLOGIES CP COMMON STOCK 913017109 12220 100077 SH SOLE None 0 0 100077 COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 11027 148754 SH SOLE None 0 0 148754 WALT DISNEY COMPANY COMMON STOCK 254687106 11018 103699 SH SOLE None 0 0 103699 INTERNATIONAL BUS MACH COMMON STOCK 459200101 10785 70110 SH SOLE None 0 0 70110 BRISTOL MYERS SQUIBB COMMON STOCK 110122108 10683 191728 SH SOLE None 0 0 191728 MICROSOFT CORP COMMON STOCK 594918104 10302 149453 SH SOLE None 0 0 149453 WELLS FARGO COMPANY COMMON STOCK 949746101 10168 183508 SH SOLE None 0 0 183508 COSTCO WHOLESALE CORP COMMON STOCK 22160K105 9536 59623 SH SOLE None 0 0 59623 ORACLE CORPORATION COMMON STOCK 68389X105 9113 181760 SH SOLE None 0 0 181760 PROCTER & GAMBLE CO COM COMMON STOCK 742718109 8431 96738 SH SOLE None 0 0 96738 GILEAD SCIENCES INC. COMMON STOCK 375558103 8412 118850 SH SOLE None 0 0 118850 PENTAIR PLC COMMON STOCK 709631105 8147 122439 SH SOLE None 0 0 122439 STARBUCKS CORP COMMON STOCK 855244109 8100 138920 SH SOLE None 0 0 138920 EMERSON ELEC CO COM COMMON STOCK 291011104 7929 132990 SH SOLE None 0 0 132990 ALPHABET INC-CL C COMMON STOCK 02079K107 7809 8593 SH SOLE None 0 0 8593 SCHWAB VALUE ADV MONEY FD PREM OTHER ASSETS 808515779 7500 7500000 SH SOLE None 0 0 7500000 KINDER MORGAN INC COMMON STOCK 49456B101 7472 389964 SH SOLE None 0 0 389964 NOVARTIS AG-ADR COMMON STOCK 66987V109 7190 86135 SH SOLE None 0 0 86135 PEPSICO INC COMMON STOCK 713448108 6894 59692 SH SOLE None 0 0 59692 EATON CORP PLC COMMON STOCK 086353296 6793 87277 SH SOLE None 0 0 87277 SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 6573 6573441 SH SOLE None 0 0 6573441 PACWEST BANCORP COMMON STOCK 695263103 6390 136825 SH SOLE None 0 0 136825 BP PLC-ADR COMMON STOCK 055622104 6264 180769 SH SOLE None 0 0 180769 TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 5881 177020 SH SOLE None 0 0 177020 RAYTHEON CO COMMON STOCK 755111507 5424 33590 SH SOLE None 0 0 33590 BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 5052 29829 SH SOLE None 0 0 29829 SOUTHERN CO COMMON STOCK 842587107 4243 88624 SH SOLE None 0 0 88624 FLUOR CORP COMMON STOCK 343412102 4223 92255 SH SOLE None 0 0 92255 CISCO SYS INC COMMON STOCK 17275R102 4020 128440 SH SOLE None 0 0 128440 XYLEM INC COMMON STOCK 98419M100 4015 72426 SH SOLE None 0 0 72426 ALLSTATE CORP COMMON STOCK 020002101 3910 44210 SH SOLE None 0 0 44210 AMAZON.COM INC COMMON STOCK 023135106 3898 4027 SH SOLE None 0 0 4027 AUTODESK COMMON STOCK 052769106 3708 36782 SH SOLE None 0 0 36782 WELLTOWER INC COMMON STOCK 95040Q104 3582 47857 SH SOLE None 0 0 47857 BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 008499017 3566 1400 SH SOLE None 0 0 1400 ALIBABA GROUP HOLDING LTD COMMON STOCK 01609W102 3526 25025 SH SOLE None 0 0 25025 OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 3381 56465 SH SOLE None 0 0 56465 FREEPORT-MCMORAN INC COMMON STOCK 35671D857 3008 250452 SH SOLE None 0 0 250452 REALTY INCOME CORP COMMON STOCK 756109104 2787 50499 SH SOLE None 0 0 50499 DUKE ENERGY CORP COMMON STOCK 26441C204 2412 28858 SH SOLE None 0 0 28858 UNDER ARMOUR INC CL C COMMON STOCK 904311206 2261 112148 SH SOLE None 0 0 112148 ALPHABET INC-CL A COMMON STOCK 02079K305 2204 2371 SH SOLE None 0 0 2371 AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 2072 52602 SH SOLE None 0 0 52602 UNION PACIFIC CORP COMMON STOCK 907818108 1875 17213 SH SOLE None 0 0 17213 PHILIP MORRIS INTL COMMON STOCK 718172109 1836 15633 SH SOLE None 0 0 15633 DB CAP TRUST III 7.6 PFD PREFERRED STOCK 25150L108 1793 68550 SH SOLE None 0 0 68550 ILLUMINA INC COMMON STOCK 452327109 1762 10152 SH SOLE None 0 0 10152 JP MORGAN PFD 5.45 SER P PREFERRED STOCK 46637G124 1702 65750 SH SOLE None 0 0 65750 CHINA MOBILE HD ADR F COMMON STOCK 16941M109 1687 31772 SH SOLE None 0 0 31772 DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 1522 12705 SH SOLE None 0 0 12705 AMERICAN EXPRESS CO COMMON STOCK 025816109 1516 18000 SH SOLE None 0 0 18000 DOW CHEM CO COMMON STOCK 260543103 1460 23146 SH SOLE None 0 0 23146 BLACKROCK INC COMMON STOCK 09247X101 1454 3441 SH SOLE None 0 0 3441 SEMPRA ENERGY COMMON STOCK 816851109 1363 12092 SH SOLE None 0 0 12092 SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 1335 127954 SH SOLE None 0 0 127954 VERIZON COMMUNICATIONS COMMON STOCK 92343V104 1170 26199 SH SOLE None 0 0 26199 SALESFORCE.COM INC COMMON STOCK 79466L302 1063 12280 SH SOLE None 0 0 12280 ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1037 19492 SH SOLE None 0 0 19492 BECTON DICKINSON & CO COMMON STOCK 075887109 1025 5252 SH SOLE None 0 0 5252 BOFI HOLDINGS COMMON STOCK 05566U108 1012 42684 SH SOLE None 0 0 42684 3M COMPANY COMMON STOCK 88579Y101 1007 4838 SH SOLE None 0 0 4838 ABBVIE INC COMMON STOCK 00287Y109 1005 13856 SH SOLE None 0 0 13856 UNDER ARMOUR INC CL A COMMON STOCK 904311107 923 42418 SH SOLE None 0 0 42418 CARNIVAL CORP CL A COMMON STOCK 143658300 902 13750 SH SOLE None 0 0 13750 TRANSOCEAN INC COMMON STOCK 050546683 855 103847 SH SOLE None 0 0 103847 DEVON ENERGY CORPORATION COMMON STOCK 25179M103 805 25165 SH SOLE None 0 0 25165 P G & E CORPORATION COMMON STOCK 69331C108 728 10975 SH SOLE None 0 0 10975 HONEYWELL INTL INC COMMON STOCK 438516106 676 5075 SH SOLE None 0 0 5075 MCDONALDS CORP COMMON STOCK 580135101 666 4350 SH SOLE None 0 0 4350 RETAIL PROPERTIES OF AMERICA I COMMON STOCK 76131V202 656 53694 SH SOLE None 0 0 53694 SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 653 652694 SH SOLE None 0 0 652694 BARCLAYS BK 8.125 PFD PREFERRED STOCK 06739H362 646 24300 SH SOLE None 0 0 24300 EDISON INTERNATIONAL COMMON STOCK 281020107 634 8105 SH SOLE None 0 0 8105 AMGEN INC COMMON STOCK 031162100 618 3591 SH SOLE None 0 0 3591 NEW YORK COMMUNITY BANK COMMON STOCK 649445103 610 46425 SH SOLE None 0 0 46425 ABBOTT LABS COMMON STOCK 002824100 597 12278 SH SOLE None 0 0 12278 ADAMAS PHARMACEUTICALS INC COMMON STOCK 00548A106 595 34000 SH SOLE None 0 0 34000 SOUTHWEST GAS CORP. COMMON STOCK 844895102 570 7800 SH SOLE None 0 0 7800 NIKE INC - CL B COMMON STOCK 654106103 537 9108 SH SOLE None 0 0 9108 COCA COLA CO COMMON STOCK 191216100 520 11597 SH SOLE None 0 0 11597 BOEING CO COMMON STOCK 097023105 505 2554 SH SOLE None 0 0 2554 NESTLE S A COMMON STOCK 641069406 493 5657 SH SOLE None 0 0 5657 ALTRIA GROUP INC COMMON STOCK 02209S103 493 6623 SH SOLE None 0 0 6623 AIR PRODS & CHEMS INC COMMON STOCK 009158106 472 3300 SH SOLE None 0 0 3300 LOWE'S COMPANIES COMMON STOCK 548661107 461 5949 SH SOLE None 0 0 5949 STRYKER CORP COMMON STOCK 863667101 458 3300 SH SOLE None 0 0 3300 AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 432 3390 SH SOLE None 0 0 3390 CONOCOPHILLIPS COMMON STOCK 20825C104 407 9266 SH SOLE None 0 0 9266 TARGET CORP COMMON STOCK 87612E106 381 7285 SH SOLE None 0 0 7285 PUBLIC STORAGE INC. COMMON STOCK 74460D109 377 1810 SH SOLE None 0 0 1810 NXP SEMICONDUCTORS NV COMMON STOCK 053329578 363 3315 SH SOLE None 0 0 3315 SCHLUMBERGER LTD COMMON STOCK 806857108 361 5483 SH SOLE None 0 0 5483 SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515761 360 360000 SH SOLE None 0 0 360000 MORGAN STANLEY GROUP COMMON STOCK 617446448 357 8020 SH SOLE None 0 0 8020 ILLINOIS TOOL WORKS COMMON STOCK 452308109 352 2455 SH SOLE None 0 0 2455 SCHWAB GOVT MONEY FUND OTHER ASSETS 808515613 350 350000 SH SOLE None 0 0 350000 FLOW INTL CORP COMMON STOCK 78469X107 349 9452 SH SOLE None 0 0 9452 VF CORP COMMON STOCK 918204108 344 5971 SH SOLE None 0 0 5971 EQT CORP COMMON STOCK 26884L109 340 5808 SH SOLE None 0 0 5808 TORONTO-DOMINION BANK COMMON STOCK 891160509 329 6524 SH SOLE None 0 0 6524 MCKESSON CORPORATION COMMON STOCK 58155Q103 324 1968 SH SOLE None 0 0 1968 VALE SA COMMON STOCK 91912E105 321 36700 SH SOLE None 0 0 36700 PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 317 7364 SH SOLE None 0 0 7364 CENTERPOINT ENERGY INC COMMON STOCK 15189T107 308 11250 SH SOLE None 0 0 11250 WELLS FARGO 5.2 PFD PREFERRED STOCK 949746747 304 12100 SH SOLE None 0 0 12100 ENTERPRISE PRD PARTNERS LP COMMON STOCK 293792107 299 11054 SH SOLE None 0 0 11054 EXPRESS SCRIPTS HOLDING CO COMMON STOCK 30219G108 290 4543 SH SOLE None 0 0 4543 PHILLIPS 66 COMMON STOCK 718546104 290 3506 SH SOLE None 0 0 3506 KIMBERLY-CLARK CORP COMMON STOCK 494368103 284 2199 SH SOLE None 0 0 2199 DIGITAL REALTY TRUST INC COMMON STOCK 253868103 282 2500 SH SOLE None 0 0 2500 PAYPAL HOLDINGS INC COMMON STOCK 70450Y103 282 5250 SH SOLE None 0 0 5250 JM SMUCKER CO/THE-NEW COM COMMON STOCK 832696405 279 2361 SH SOLE None 0 0 2361 ITERIS INC COMMON STOCK 46564T107 279 44789 SH SOLE None 0 0 44789 VENTAS INC COMMON STOCK 92276F100 278 4000 SH SOLE None 0 0 4000 3D SYSTEMS CORP COMMON STOCK 88554D205 277 14800 SH SOLE None 0 0 14800 STAG INDUSTRIAL INC REIT COMMON STOCK 85254J102 276 10000 SH SOLE None 0 0 10000 SCHWAB CHARLES CP NEW COM COMMON STOCK 808513105 272 6322 SH SOLE None 0 0 6322 CATERPILLAR INC COMMON STOCK 149123101 247 2300 SH SOLE None 0 0 2300 SUNTRUST BANKS INC COMMON STOCK 867914103 244 4299 SH SOLE None 0 0 4299 DOMINION RES INC VA COMMON STOCK 25746U109 241 3140 SH SOLE None 0 0 3140 MAGELLAN MIDSTREAM PARTNERS LP COMMON STOCK 559080106 238 3338 SH SOLE None 0 0 3338 SPX CORP COMMON STOCK 784635104 238 9452 SH SOLE None 0 0 9452 MARATHON PETROLEUM CORP COMMON STOCK 56585A102 235 4488 SH SOLE None 0 0 4488 FARMERS & MERCHANTS BANK COMMON STOCK 308243104 230 30 SH SOLE None 0 0 30 SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 225 225000 SH SOLE None 0 0 225000 CELGENE CORP COMMON STOCK 151020104 225 1732 SH SOLE None 0 0 1732 WAL MART STORES INC COMMON STOCK 931142103 224 2965 SH SOLE None 0 0 2965 COMCAST CORP CL A COMMON STOCK 20030N101 222 5708 SH SOLE None 0 0 5708 AMERICAN ELEC PWR INC COMMON STOCK 025537101 221 3175 SH SOLE None 0 0 3175 KIMCO REALTY CORP COMMON STOCK 49446R109 208 11338 SH SOLE None 0 0 11338 MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 206 4764 SH SOLE None 0 0 4764 ADOBE SYSTEMS INC COMMON STOCK 00724F101 205 1450 SH SOLE None 0 0 1450 WALGREENS BOOTS ALLIANCE INC COMMON STOCK 931427108 204 2600 SH SOLE None 0 0 2600 PPG INDUSTRIES INC COMMON STOCK 693506107 200 1820 SH SOLE None 0 0 1820 ADVANCED MICRO DEVICES COMMON STOCK 007903107 175 14000 SH SOLE None 0 0 14000 DREYFUS STRATEGIC MUNI BOND FU CLOSED END INCOME FUNDS NON-TAXABLE 26202F107 111 13100 SH SOLE None 0 0 13100 REVA MEDICAL INC COMMON STOCK 057791144 78 129000 SH SOLE None 0 0 129000 E DIGITAL CORP COMMON STOCK 26841Y103 1 46811 SH SOLE None 0 0 46811 BIO-MATRIX SCIENTIFIC GROUP COMMON STOCK 09065C106 0 12500 SH SOLE None 0 0 12500